Kevin Paprzycki

Strategic C-suite financial executive and former public company CEO/CFO. Proven track record of scaling mid-market growth companies, executing complex turnarounds, and driving capital strategy. Cleantech | Battery Technology | Manufacturing | Aerospace | High-Tech

Chief Financial Officer - Infinitum - Austin, TX

(2025-10)

Joined $23Mil/Yr next-gen, cleantech motor developer to help raise capital and scale the organization for growth.

• Successfully completed $76Mil Series F Capital Raise.
• Architected multi-year financial models to drive capital and capacity planning across 10X growth.
• Negotiated and finalized term sheet for new revolving lines of credit.
• Developed plan to consolidate multiple systems into single NetSuite ERP.
• Drove working capital improvement by highlighting inventory and AR opportunities.

Chief Financial Officer - Powin, LLC - Portland, OR

(2025-01 - 2025-10)

Joined $2Bil/Yr battery energy storage company to help raise capital, restructure troubled balance sheet, and scale the organization for growth. As a result of severe uncertainty around clean energy tax credits and tariffs, the company filed Chapter 11 in June 2025. I stayed through resolution.

Chief Financial Officer - Solid Power, Inc. - Thornton, CO

(2021-10 - 2024-07)

A publicly traded, $300Mil market cap, battery technology company. Recruited to be first public CFO and lead financial, accounting, IT, investor relations, and HR functions.

• Took company public in highly successful equity capital raise.
• Built teams, public company processes, and systems to facilitate growth from 40 person startup to fully operating organization with 275 employees.
• Led accounting team success in first two Sarbanes-Oxley audits & clean audit opinions.
• Executive sponsor of on-time, on-budget SAP implementation. Established world-class IT and cybersecurity infrastructure.
• Developed investor relations program to expand communications and outreach. Personally led over 150 investor meetings and 20 conferences per year. Owned all analyst relationships, investor events, and media and public relations.
• Improved accounting close from 30 to 7 days, and accounts payable timeliness to 100%.
• Designed and established financial processes and IRR model for new Korean operations.
• Established commercial/investment banking, auditor, and insurance relationships. Developed cash investment program to generate 5%+, A-rated yields.

Chief Financial Officer, Member Board of Directors - Scott’s Liquid Gold, Inc. - Denver, CO

(2018-06 - 2021-10)

A $45Mil/Yr publicly traded consumer product company with manufacturing operations in Colorado.

• Led M&A program to acquire three brands and grow revenues by over 50%. Outsourced production, manufacturing, and distribution. Secured bank line of credit to finance growth.
• Developed investor relations improvement plan, earnings releases, and all investor presentation materials.
• Improved financial close timeliness and developed new operating metric package to elevate Board and leadership team’s performance visibility.
• Developed value-add budget packet to highlight key levers to drive profitability and free cash flow.
• Led ERP evaluation, selection, and implementation (Deacom).
• Developed strategic growth framework and financial models to evaluate brand opportunities. Commenced program to submit multiple acquisition bids.
• Drove SEC filing brevity and quality to improve investor transparency and generate positive feedback.

Chief Executive Officer, Member Board of Directors - Westmoreland Coal Company - Englewood, CO

(2015-12 - 2017-11)

A $1.7Bil/Yr NASDAQ mining and energy company. Operated nineteen mines, two power plants, and carbon & charcoal production facilities throughout North America. Promoted into the CEO role following CEO illness. Led 3,300 employee organization to record results following rapid company growth.

• Expanded safety program to drive significant improvement in results and increased commitment.
• Improved cash flow generation to reduce leverage and strengthen balance sheet. Freed up trapped cash with working capital focus. Developed remediation plans for challenged operations.
• Initiated cost reduction program to optimize customer costs. Expanded key operational metrics to improve predictability and performance.
• Developed “customer ladder” communication program to strengthen relationships at every level.
• Partnered with customer to successfully finance and close key acquisition. Integrated acquisitions to exceed planned operational, safety, and financial results.
• Created business development plan to target new markets and diversify operations.
• Presented thoughts on U.S. coal industry to United States Vice President, Secretary of the Interior, and U.S. Senators.
• Established leadership training for all managers. Personally kicked off sessions to ensure commitment and progress on key goals. Consistently visited all operations to present strategic vision and engage in open Q&A.
• Created “Fire in the Belly” employee recognition program. Wrote 100+ hand-written notes to employees who made critical contributions towards key goals.

Chief Financial Officer, Treasurer, Chief Accounting Officer - Westmoreland Coal Company - Englewood, CO

(2006-06 - 2015-12)

Hired as Chief Accounting Officer to restate SEC filings and improve financial reporting. Was successfully promoted into the CFO role to provide leadership to the finance organization and partner with operations to improve performance. After successful execution of turnaround plan, led company through tremendous growth.

• Led the M&A effort to 6X revenues with five acquisitions over a five-year period. Successfully performed all modeling, due diligence, financing, and integration activities to surpass targets. Raised collectively over $1.2 billion dollars in debt & equity capital in consistently oversubscribed deals.
• Developed and executed plans to escape insolvency and drive record EBITDA and Free Cash Flow. Initiated and executed four-quarter rolling forecast process to ensure visibility and performance.
• Managed four banking relationships and three revolving lines of credit. Worked with lenders to renew and secure new lines of credit. Acquired waivers for covenant violations. Performed hands-on management of company liquidity. Worked with ratings agencies to achieve multiple credit upgrades.
• Created investor relations plan to significantly increase company’s capital markets profile. Developed IR deck and was sole presenter at investor conferences to create interest in debt instruments and equity. Moved company to NASDAQ listing.
• Developed new financial information packet for Board of Directors and executive team to provide transparency into performance and projections.
• Worked to improve quality and clarity of SEC filings. Personally revamped management discussion and analysis resulting in significant investor praise. Reduced size of 10-K by 20%. Directly addressed and resolved SEC inquiries and comment letters.
• Reduced monthly closing process from over 35 days down to 5 days. Led $100M, five-year SEC restatements of financials.

Controller - Applied Films Corporation - Longmont, CO

(2005-12 - 2006-06)

Controller for this $250Mil/Yr NASDAQ high-tech manufacturer of thin film deposition equipment. AFCO manufactured flat-screen television, hybrid fuel automobile, and specialty glass production technology. AFCO was acquired by Applied Materials in June 2006.

CFO & Corporate Secretary - Evans & Sutherland Computer Co. - Salt Lake City, UT

(1999-07 - 2005-12)

$80Mil/Yr NASDAQ listed, high-tech manufacturer providing flight simulation software and training systems for global military and commercial airline customers.

Plant Finance Manager - Baker Hughes Inc. - Salt Lake City, UT

(1995-08 - 1999-07)

$5.8Bil/Yr NYSE, Fortune 500 Oilfield Service and waste and water equipment manufacturer.

Senior - Ernst & Young, LLP - Cleveland, OH

(1992-08 - 1995-08)

Master of Business Administration (MBA) - University of Utah (1999-05)

Bachelor of Science - Accounting - Case Western Reserve University (1992-05)